Ghassan Halazon 5

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Finally, in January 2013, TeamBuy completed a merger with Dealfind. The deal costs TeamBuy near 50% of their outstansging orders. The CEO of TeamBuy, Ghassan Halazon, negotiated directly with investors of Dealfind without involving the Dealfind founders since they were already dismissed from the company.

Business

The reality show brought thousands of
unique users to the site. When they
launched their website officially, they
set up a funny solution for punishing
the tech team each time the site would
crash.

 The punishment of the tech team was a
reward for the users. Halazon said that since
then, when the tech team messes up, the
users know that something fun would be sent
in their e-mail.

 This company of 120
employees has now more
than 1 million users and has
currently a $30 million gross
revenue run rate.
 Team Buy is now one of the
fastest growing start-ups of
the country and the
company asked its
employeed to hug each
otheron Friday before to
leave for the weekend. The
firm named this practice
“Friday hug days.”

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Ghassan Halazon 5

1. The reality show brought thousands of unique users to the site. When they launched their website officially, they set up a funny solution for punishing the tech team each time the site would crash.

2.  The punishment of the tech team was a reward for the users. Halazon said that since then, when the tech team messes up, the users know that something fun would be sent in their e-mail.

3.  This company of 120 employees has now more than 1 million users and has currently a $30 million gross revenue run rate.  Team Buy is now one of the fastest growing start-ups of the country and the company asked its employeed to hug each otheron Friday before to leave for the weekend. The firm named this practice “Friday hug days.”

Ghassan Halazon 5

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